COVID-19 updates and resources for the Johns Hopkins University community

Tax-free IRA Distribution

You can transfer assets directly from a traditional IRA to support Johns Hopkins. It’s an easy, tax-efficient way for donors 70 ½ and older to make an impact today.

A thumbnail image of the cover of a print brochure titled Give Retirement Assets.Your benefits include:

  • Avoid tax on the distribution
  • Satisfy your required minimum distribution

How it works: 

  • Give up to $100,000 a year directly from your traditional IRA to Johns Hopkins. Your gift won’t be included in your taxable income, and the transferred amount satisfies your required minimum distribution

How to make your gift:

1.  Contact your IRA administrator and request that a distribution be made directly to Johns Hopkins

2. **Provide your IRA administrator with our Tax ID number (52-0595110) and contact information (Johns Hopkins University, ATTN: Office of Gift Planning, 3400 N. Charles St., Baltimore, MD 21218)**

3.  Contact the Office of Gift Planning at 410-516-7954, 800-548-1268 or giftplanning@jhu.edu and let us know your gift is on the way. Provide your full name, address, and phone number, and the area of Johns Hopkins you wish to support

Learn more by viewing our retirement assets information sheet.

Note: To use assets from another retirement plan, such as a 401(k), first move these funds into a traditional IRA, then transfer them to Johns Hopkins. You can also designate Hopkins as a beneficiary of your retirement plan.

 

What Will Your Legacy Be?

Many giving options offer tax savings. Choose the gift that's right for you.

Why I Give

"I want it to be used. That's what books are for," said Eugene Sekulow of giving his book collection to the Sheridan Libraries and University Museums.

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